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| Name | The EU Scammed China Out of €200 Million in a Satellite Deal, Now Hopes China Will Share Technology! |
| Video Uploader | Video From Insider Truth |
| Upload Date | This Video Uploaded At 16-07-2024 12:00:50 |
| Video Discription | #china #chinanews #europeanunion #satellite #technology 25 years ago, the European Union proposed a plan to develop the Galileo satellite navigation system and invited several countries including Asia and Europe to participate. At that time, China's satellite navigation system was still in the development stage and decided to join the plan. China invested 200 million euros for this and signed a cooperative research and development agreement. However, after China paid all the cooperation fees, the European Union excluded China from the Galileo satellite development on the grounds of protecting core secrets. This made China lose 200 million euros but still failed to obtain core technology. But now, China's satellite technology has achieved amazing results. 17 countries around the world have joined the cooperation and the number of users has exceeded 1.5 billion. But at this time, the European Union hopes that China can share Beidou's technology with them. In today's video, we will explain why the European Union excluded China from the Galileo satellite system? Now, will China provide satellite technology to the European Union? ---------------------------------------------------------------------------------------------------- 🙌🙌🙌🙌🙌—Welcome To Insider Truth—🙌🙌🙌🙌🙌 A Platform For In-Depth Exploration Of News Insiders, Focusing On Revealing The Development Process Of Asia's Powerful Countries And The Behind-The-Scenes Stories Of Various International Cooperation.🔍 🔍 🔍 🔍 Our Coverage Goes Beyond The Surface And Looks At Deep, Insider Insights. In This Era Of Information Explosion, We Provide You With Unusual Perspectives, Allowing You To Go Beyond The Headlines And Truly Understand The Stories Behind Asian Countries.📰📰📰📰📰 ********************************************************* DISCLAIMER: Our channel is purely made for Information purposes, based on facts, rumors, and fiction. ********************************************************* MUSIC: StoryBlocks/Audio Library 🎥FOOTAGE licensed through StoryBlocks and Filmpac. ********************************************************* Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing. |
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